|Gemini Dollar||Gemini Dollar website|
|Brief||The Gemini dollar is a cryptographic token built on the Ethereum Network according to the ERC20 standard for tokens. The code of the Gemini dollar smart contracts has been audited by Trail of Bits, Inc., an information security research & development firm.|
|Last updated:||April 18, 2019 2:57:09PM|
|Current price, USD:||$1.006|
|Current price, BTC:||0.0001917|
|Market capitalization, USD:||$62 402 742|
|Available supply:||62 007 762 GUSD|
|Volume 24 hours, USD:||$5 151 871|
General GUSD facts, technical details and general information about Gemini Dollar crypto currency
The Gemini dollar is a cryptographic token built on the Ethereum Network according to the ERC20 standard for tokens. The code of the Gemini dollar smart contracts has been audited by Trail of Bits, Inc., an information security research & development firm.
The Gemini dollar — the world’s first regulated stablecoin — combines the creditworthiness and price stability of the U.S. dollar with blockchain technology and the oversight of U.S. regulators.
We list daily Gemini Dollar historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Apr 18||1.004||1.002||1.01||62 402 742|
|Apr 17||1.009||1||1.009||62 187 418|
|Apr 16||0.996||0.995||1.008||62 592 760|
|Apr 15||1.005||0.994||1.006||61 957 077|
|Apr 14||1.003||0.999||1.007||63 588 071|
|Apr 13||1.000||0.998||1.004||62 609 650|
|Apr 12||0.999||0.997||1.001||62 502 129|
|Apr 11||0.999||0.996||0.999||62 511 546|
|Apr 10||1.007||0.998||1.016||63 265 670|
|Apr 09||1.003||0.995||1.007||63 485 556|
|GUSD price change 24 hours||0.51%|
|GUSD price change 7 days||0.95%|
GUSD doesn't seem to make much sense considering there are already so many stable coins that have approval from New York's financial services. PAXOS is already registered in the state of NY so I don't see why there needs to be two stable coins in the same state. Gemini doesn't even list new currencies So why should they be concerned about launching a stable coin?
Where do I start with GUSD? This coin is amazing because I can transfer from Binance directly to my Gemini account. This make trading from fiat to crypto and vice versa extremely easy. I don't understand how people aren't taking advantage of this shortcut. So much money is wasted in transaction fees from going from one exchange to the other. Most people only move crypto to go from one currency to a fiat currency. GUSD makes this whole process so much more simple.
There are a few of these projects being launched and all have the same goal which is to basically replace tether. All of them say they are backed by real fiat etc but this is crypto and it's like the wild west so who knows if they are or not. I still continue to use tether and whether it is or is not really backed by fiat it is still serving it's purpose for me as of now.
We publish the most accurate Gemini Dollar Forecasts and News including crypto industry experts' opinion on a daily basis